xxxii Contents of Volume 5

3. Impact of Emigration on Sending Countries 4386

3.1 Labor markets and fiscal accounts 4386
3.2 Remittances and return migration 4390
3.3 Information and the flow of ideas 4394
3.4 Discussion 4395
4. Immigration Policy Regimes 4396
4.1 Political economy of immigration policy 4396
4.2 The design of immigration policy regimes 4398
4.3 Discussion 4402
5. Final Discussion 4403
End Notes 4405
References 4408

CHAPTER 67 Aid and Conditionality 4415

Jonathan R. W. Temple
Abstract 4416
Keywords 4417
1. Introduction 4417
2. Key Concepts and Stylized Facts 4423
2.1 The Millennium Development Goals 4423
2.2 Recent trends in aid 4425
2.3 The forms of aid 4431
2.4 Fungibility 4432
2.5 Debt relief 4433
3. Aid and Growth in Theory 4435
3.1 Capital shortage and neoclassical growth models 4435
3.2 Poverty-trap models 4437
3.3 Virtuous circles and amplification effects 4439
3.4 Binding constraints 4439
3.5 Complementary inputs 4441
3.6 Growth versus basic needs 4442
3.7 Summary 4442
4. Has Aid Worked? 4443
4.1 Project evaluations 4443
4.2 Case studies 4444
4.3 Cross-country evidence 4445
4.4 Aid and social indicators 4447
4.5 Summary 4448
5. The View From Trade Theory 4449
5.1 The transfer problem 4449
5.2 The Dutch Disease 4450
5.3 Evidence on the Dutch Disease 4451